Skip to main content

End-of-year arrangements Our offices and phone lines will close down over the holiday season, but our website, self-service 0800 number and myIR will remain available. Find out more

We've upgraded our voice system You may notice some changes the next time you call us. Find out more

The FIF deemed rate of return is set each year and is one of the ways you can work out income from foreign investment fund interests. The rate is based on taking an average of the 5 year Government stock rate at the end of each quarter and adding a 4% margin.

The rate is set each year by Order in Council.

Income year Rate
2022-2023 8.15%
2021-2022 6.01%
2020-2021 4.43%
2019-2020 5.05%
2018-2019 5.86%
2017-2018 6.44%
2016-2017 6.28%
2015-2016 6.77%
2014-2015 7.71%
2013-2014 7.99%
2012-2013 6.91%
2011-2012 7.58%
2010-2011 8.52%
2009-2010 9.12%


If you need the FIF deemed rate for any years before 2009, you can call us.

Last updated: 22 Jun 2021
Jump back to the top of the page